NEW YORK (AP) — NEW YORK (AP) — Ready Capital Corporation (RC) on Thursday reported a loss of $201.7 million in its first quarter.
The New York-based company said it had a loss of $1.25 per share. Losses, adjusted for non-recurring costs, were 33 cents per share.
The real estate investment trust posted revenue of $81.7 million in the period. Its adjusted revenue was -$15.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RC at https://www.zacks.com/ap/RC
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
